Co-op poaches Insight manager for new bond fund

The Co-operative Asset Management (Co-op) has hired Daniel Fox from Insight Investment to run its Corporate Bond Income trust.

Fox managed corporate bond portfolios with Insight from 2002, and was previously at Sun Alliance for eight years in a similar role. The fund is available through Cofunds, FundsNetwork and Hargreaves Lansdown for the first time and increases the Co-op’s fund range to four offerings. It incorporates the Co-op’s environmental, social and governance guidelines, which it uses to identify hidden risks and opportunities in investing. Paul Sharman, director, says the decision to launch the fund is partially due to the amount of interest corporate bonds have garnered this year. He adds: ...